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ETC Group Introduces Bitcoin Money ETP

Photograph: FM

ETC Group introduced the launch of Bitcoin Money exchange-traded product (ETP) at this time to satisfy the rising demand from skilled traders. The supplier of progressive monetary merchandise has launched the Bitcoin Money ETP on Deutsche Börse XETRA.

In line with an official press launch shared by the corporate, the ETC Group launched the product after robust demand from institutional traders in Europe. The corporate highlighted that the current itemizing on Deutsche Börse XETRA will facilitate German traders.

Bitcoin Money is likely one of the largest digital currencies on this planet. BCH now has a market cap of practically $10 billion. When it comes to the value bounce, Bitcoin Money is up by greater than 50% because the begin of 2021.

“Following the profitable launch of our Bitcoin, Ethereum and Litecoin ETCs, which at the moment are probably the most traded merchandise of their variety in Europe, we’ve seen robust demand from traders for a Bitcoin Money product. We count on BCHetc – ETC Group Bodily Bitcoin Money to show common with skilled traders who need a cleaner, easier and safer technique to achieve publicity to the booming funding universe of digital belongings,” Bradley Duke, CEO of ETC Group, commented.

In January 2021, ETC Group joined SIX to listing a Bitcoin exchange-traded product (ETP). The corporate expanded its companies considerably in August 2021 and introduced the itemizing of its whole portfolio of crypto exchange-traded merchandise on Austria’s nationwide inventory market.

Enlargement

Commenting on the current enlargement of ETC Group’s companies, Hector McNeil, Co-Founder and Co-CEO at HANetf, stated: “ETC Group has established itself as a market chief in providing funding merchandise targeted on crypto belongings. ETC Group has expanded its presence available in the market with the itemizing of a brand new crypto product, BCHetc – ETC Group Bodily Bitcoin Money. ETC Group is constructing merchandise that adhere to the complicated and exacting requirements of the institutional investor and BCHetc – ETC Group Bodily Bitcoin Money will give traders one other safe technique to achieve publicity to crypto merchandise.”

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